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National Highways Authority of India 7.22% 2047 Bond

ISININE906B07FF3

NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IV 7.22 BD 24JN47 FVRS10LAC

National Highways Authority of India is a public-sector (PSU) issuer in the Toll bridge operator sector. This directory lists 71 of its bonds.

Key terms

Issue date
24 Jan 2017
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
NHAI TAXABLE BOND SERIES IV
Sector
Toll bridge operator
Issuer type
PSU

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

CRISIL AAA / StableICRA AAA / StableCARE AAA / StableIndia Ratings AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CRISIL AAA/Stable;ICRA AAA/Stable;CARE AAA/Stable;IND AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 7.21% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

30 scheduled payments through 24 Jan 2047; final payment ₹10,72,200 per bond.

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